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-   -   Airlines PNG orders 6 x ATR72-600's (https://www.pprune.org/australia-new-zealand-pacific/556534-airlines-png-orders-6-x-atr72-600s.html)

Going Nowhere 15th Feb 2015 00:41

Airlines PNG orders 6 x ATR72-600's
 
Not sure if there's been any confirmation before? Sorry if it has and there's a more appropriate place for this.

ATR discloses additional ATR72-600 orders made in 2014 - ch-aviation.com

Also looks like quite a few ATR's being sold into the region as well.

Justa Dash 15th Feb 2015 01:39

Yes with the first aircraft due September 2015!
Should be good for the company assuming BA is kept away from the programme

socksfirst thenshoes 15th Feb 2015 04:48

Quite a few more that will hopefully be kept away from the project. Hopefully it will work out, especially as the competition seem to be self destructing. Good opportunity for the company to get back on track me thinks.
Sock first.

The Green Goblin 15th Feb 2015 08:23

The rate at which ATRs are getting written off in the oceana region I wonder how long these will last?

geeup 15th Feb 2015 10:22

APNG have big load factors at the moment due Air Niugini down sizing and parking aircraft.
The ATR72-600 will be a nice addition to the ramp.

walgi 16th Feb 2015 00:38

I agree mr gee, I think over the past couple years we have come a full circle and apng are looking good again the eyes of contractors and will look even better with the 600,s. thinking about moving ship myself

Justa Dash 21st Feb 2015 15:46

How will they fund ATRs
 
Mystified by this!
Business hasnt made a material profit since it went public or no doubt for many years prior to floating. The cash injection from MRDC etc isn't enough to fund the ATR programme.
They sold and leased back half the 100s suspect this was debt clearing ; no doubt at a premium. If they planned to sell the rest to fund the programme that's been compromised with the number available on the market at sub $3.3M.
It's a tuff gig, they may have to put BA being the highest salary in the company on the casual payroll to enable them to fund the programme!

Ret Sabala 22nd Feb 2015 23:18

Justa Dash. I seem to remember reading in the Post Courier that Airlines of PNG were going to purchase the aircraft and then sell them to a leasing company, then lease them back.
That is not uncommon with large capital purchases like this. After all as you point out the business has been in the red for many years, not turning a profit since it floated, so it can't possibly have the cash. I should imagine they had to cut costs quite dramatically to get the banks and creditors on board with their plan.


The cash injection they received from the major shareholders and the acquisition of the majority of company from the previous owners was as you say to pay off the debt and try to start and get the Airline profitable.


The next step will be a rebranding, i.e. name change. I should imagine they will keep a few Dash 8 airframes, perhaps the younger ones. Then they will chase the mining work, (with the nice new ATR's) that hopefully will come up. Most of which they lost in the past.


ANG have certainly given them a leg up by pulling the rug from under the pilots, here's hoping that they don't do a similar thing.
Anyhow just a few thoughts from an outsider,thank God.

Justa Dash 10th Mar 2015 11:13

Money can't buy you love
 
Slippery little buddys cheque book recruitment policy is not producing. Been trying to replace two "key" personnel for several months and knock backs continue. Lessons not learnt yet it seems. Hang onto the B graders as markets aware of the culture of the EXCO!

Duck Pilot 10th Mar 2015 12:23

Heard recently that they fired a very highly experienced and well respected Captain over an eledged CRM issue.

PNG is NOT the environment for inexperienced PNG pilots (especially Captains) to be flying big turbo props and jets around the mountains

Justa Dash 11th Mar 2015 12:43

Plot thickens Duck P! Might explain A/CEO (book keeper) out with the cold hard trying to swoon the replacements. Not a lot of confidence in CG management no matter how hard PX try to help. Wouldn't be surprised if the ATR is pushed back 6-12 months to allow the rumoured new CEO time to reassess.

Soteria 11th Mar 2015 17:25

I find it odd that they still haven't released last financial years statement. That's a heck of a delay, shareholders can't be happy? As for the CEO soon to depart rumour I hope it is true. Some former colleagues up there have told me that any trust the company had with the pilots was lost the day Pinochio took over, and the remaining tiny amount of respect for the company was lost the day that TCAS showed up.

Justa Dash 12th Mar 2015 11:50

Marionette shafted TCAS when he was in Cairns but true to form lied and cajoled him into believing it was the regulator. It's habitual for the little fellow, hence the current exec search programme will be a bit of karma when it's announced. BA has apparently applied but mail is that the corn chip from VLI is looming as a real contender!

Soteria 12th Mar 2015 22:52


Marionette shafted TCAS when he was in Cairns but true to form lied and cajoled him into believing it was the regulator. It's habitual for the little fellow,
Indeed, Pinochio is a masterful used car salesman and TCAS bought the ultimate lemon from him, twice!!


hence the current exec search programme will be a bit of karma when it's announced.
Cant wait. Hopefully Ponochio will go back home and sit in some dark cave doing accountancy work for some dodgy telco, where his true skills belong.


BA has apparently applied but mail is that the corn chip from VLI is looming as a real contender!
Fun fun fun! A battle royale between BA and the 'corn chip', should be a real hoot.

Justa Dash 3rd Apr 2015 04:44


Originally Posted by Ret Sabala (Post 8876723)
Justa Dash. I seem to remember reading in the Post Courier that Airlines of PNG were going to purchase the aircraft and then sell them to a leasing company, then lease them back.
That is not uncommon with large capital purchases like this. After all as you point out the business has been in the red for many years, not turning a profit since it floated, so it can't possibly have the cash. I should imagine they had to cut costs quite dramatically to get the banks and creditors on board with their plan.


The cash injection they received from the major shareholders and the acquisition of the majority of company from the previous owners was as you say to pay off the debt and try to start and get the Airline profitable.


The next step will be a rebranding, i.e. name change. I should imagine they will keep a few Dash 8 airframes, perhaps the younger ones. Then they will chase the mining work, (with the nice new ATR's) that hopefully will come up. Most of which they lost in the past.


ANG have certainly given them a leg up by pulling the rug from under the pilots, here's hoping that they don't do a similar thing.
Anyhow just a few thoughts from an outsider,thank God.

APNG about to list the remaining company owned fleet for sale. With the amount of 100's on the market, may take awhile. Most unfortunate if the cash is required to keep the ATR project afloat!

Justa Dash 13th Apr 2015 11:15

656 takeover yet again
 
Latest leak from within is that PX is again looking at a takeover of CG. Six weeks Is the lead time for decision from PX board.

Duck Pilot 13th Apr 2015 20:03

This was on the drawing board just before the Dash accident, then got rejected for obvious reasons at the time.

Would the ATR72-600 be a good aircraft for PNG? I heard from a reliable source that the Q400s have been earmarked to go.

Going Nowhere 22nd Oct 2015 09:43

3 of the early-model Q400's at PX have gone to Iceland.

http://dash8spotter.********.com.au/...-to-enter.html

Looks like APNG might be rebranding

https://www.flickr.com/photos/jujug/22329381876

https://www.planespotters.net/airfra...R-Airlines-PNG

Loud Handle 22nd Oct 2015 20:43

Losing the Exxon contract (Komo) to PX must be a bit concerning for APNG/PNG Air management with all these shiny new airframes arriving.

Duck Pilot 23rd Oct 2015 06:05

Any idea when the first ATR goes into domestic service?

It great to see that they have taken the plunge to re-fleet with new aircraft.

Loosing a contract isn't the end of the world.

Good luck wantoks 🇵🇬

geeup 24th Oct 2015 01:26

Well done APNG / PNGAIR.

Anyone have a due date?

Badengo 24th Oct 2015 22:19

In country 2nd November, huge launch party planned.

Duck Pilot 25th Oct 2015 07:28

Might be time to iron shirt and throw a CV in 🇵🇬🇵🇬

TBM-Legend 31st Oct 2015 22:23

....no crime. great medical facilities,,,no corruption or nepotism either:E

NCD 1st Nov 2015 12:04

Caravanguy

Been here 6 years, first 10 minutes were OK, freaking hated the place after that, and as I am still here, sadly still hate it.

Why am I still here... Seems nobody cares about how "good" us PNG Pilots are these days.

TBM, all those things, but 100 times worse!!!

Killer Loop 1st Nov 2015 15:04

After reading the post by Caravan, I thought there must be two PNG's. The one where he is and the one where I am.

Badengo 2nd Nov 2015 02:15

Nothing wrong with the place, safer than bloody Aus!

BTW first ATR sitting in Seletar before getting here late tonight.

geeup 4th Nov 2015 18:57

Where is it?
I've looked around the apron.

As for PNG it always a love hate relationship....

geeup 4th Nov 2015 20:29

Now I've seen it.
It's parked outside the APNG corporate building

Badengo 5th Nov 2015 11:16

Yes big party last night in defence hanger, then flight up to Lae this morning for the Exco group.

Good balus!

lucille 5th Nov 2015 21:17

208guy.... Accommodation? Do tell.

Great People? I agree
Great Country? If you mean spectacular natural beauty, I agree
Great Country? if you mean stable, safe, socially cohesive and functional. Errr...Not so much.

flyingsaint 8th Nov 2015 21:21

next leap
 
gooday everyone , have been reading a lot about PNG and PNG air.............I wish them well and am positive that they will do well in the future despite with all the optimistic and narcissism...............I want them to do well cos I intent to get there...................keeping fingers crossed..........nice looking plane..............

onehitwonder 27th Nov 2015 23:29

Can't be far off now? Regulatory?

Rupert Longprong 30th Nov 2015 11:55

Good news to see the airline progress into the new aircraft type, hope they do well RL

Porkins 10th Dec 2015 23:24

[IMG]http://i464.photobucket.com/albums/r...psxbrhgmwd.jpg[/IMG]

Landed Goroka the other day in the new livery.

Duck Pilot 11th Dec 2015 08:11

Good time of the year to introduce a new aircraft.

How are they going for crews, are they still hiring Dash 8 Captains?

Far Canel 26th Mar 2017 10:51

Recruitment 2017
 
Hi everyone. Would love to know if any recruitment will happen on the ATR or Dash 8 this year. Just wondering if it is a good time to apply, and what sort of total time they would consider.
Any news would be 👍

chimbu warrior 9th Apr 2017 23:19

CNN recognises PNG Air?s livery | Loop PNG


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